FFOG vs. BULZ ETF Comparison

Comparison of Franklin Focused Growth ETF (FFOG) to MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ)

FFOG

Franklin Focused Growth ETF

FFOG Description

The fund invests predominantly in equity securities of companies that the investment manager believes offer compelling growth opportunities. In selecting securities, the investment manager considers many factors, including historical and potential growth in revenues and earnings, assessment of strength and quality of management, and determination of a company"s strategic positioning in its industry. The equity securities in which it invests are predominantly common stock. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.45

Average Daily Volume

24,791

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BULZ

MicroSectors FANG & Innovation 3x Leveraged ETN

BULZ Description

BULZ provides daily 3x exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged product with 3x factor that resets daily, BULZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$146.77

Average Daily Volume

132,294

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FFOG	BULZ
30 Days	7.33%	26.06%
60 Days	14.92%	46.43%
90 Days	-1.65%	-22.27%
12 Months		129.69%

5 Overlapping Holdings

Symbol	Grade	Weight in FFOG	Weight in BULZ	Overlap
AMZN	C	8.57%	6.67%	6.67%
GOOGL	B	4.27%	6.67%	4.27%
META	A	6.86%	6.67%	6.67%
MSFT	D	11.31%	6.67%	6.67%
NVDA	B	17.09%	6.67%	6.67%

FFOG Overweight 5 Positions Relative to BULZ

Symbol	Grade	Weight
COST	C	5.18%
NOW	B	4.35%
MA	A	4.05%
ASML	F	3.85%
LLY	D	3.7%

FFOG Underweight 10 Positions Relative to BULZ

Symbol	Grade	Weight
ADBE	F	-6.67%
TSLA	C	-6.67%
CRM	B	-6.67%
QCOM	D	-6.67%
MU	D	-6.67%
AMD	C	-6.67%
INTC	D	-6.67%
AAPL	C	-6.67%
NFLX	A	-6.67%
AVGO	B	-6.67%